“Men's Grooming Market in India is expected to Grow at a CAGR rate of 22% till 2020.”

NOVONOUS estimates that Indian men's grooming market will grow at a CAGR of 22% by 2020. This growth is mainly due to the rising need to look well groomed, increasing per capita income, and rapid urbanization.

The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market. Moreover, rising urban middle class population, and improved distribution channels in tier II and tier III cities, are also expected to stimulate growth in the market through 2020.

Shaving products currently control the largest market share in terms of revenue in Indian men's grooming market. As per NOVONOUS estimates, Indian shaving products market is expected to grow at a CAGR of 20% till 2020 and maintain its market share position even in 2020.

Deodorants and antiperspirants currently control the second largest market share in terms of revenue in Indian market. As per NOVONOUS estimates, Indian deodorants and antiperspirants market is also expected to grow at a CAGR of 20% till 2020 and maintain its market share position.

Bath and shower, skin care and hair care products account for minor market share and they are forecasted to remain the same even in 2020.

India exported US$ 36.09 million worth of razors and the overall exported quantity was 5.44 million Kgs in FY 2014-15. UAE, United Kingdom, Singapore, USA and South Africa were the top five nations importing Indian razors in 2014-15.

India imported US$ 5.89 million worth of razors and the overall imported quantity was 0.36 million Kgs in FY 2014-15. Germany, Poland, Mexico, China and Brazil were the top five nations exporting syringes to India in 2014-15.

India exported US$ 45.71 million worth of safety razor blades and the overall exported quantity was 4 million Kgs. in FY 2014-15. UAE, Singapore, Ghana, Nepal and Sudan were the top five nations importing Indian safety razor blades in 2014-15.

India imported US$ 41.35 million worth of safety razor blades and the overall imported quantity was 1.30 million kgs. in FY 2014-15. Germany, China, Poland, Egypt and Mexico were the top five nations exporting safety razor blades to India in 2014-15.

India exported US$ 0.50 million worth of shavers and the overall exported quantity was 11.80 thousand units in FY 2014-15. UAE, Afghanistan, Nepal, Germany and Nigeria were the top five nations importing Indian shavers in 2014-15.

India imported US$ 8.90 million worth of shavers and the overall imported quantity was 3.66 million units in FY 2014-15. China, Germany, Mexico, Netherlands and Thailand were the top five nations exporting shavers to India in 2014-15.

India exported US$ 1.82 million worth of shaving cream and the overall exported quantity was 0.54 million Kgs in FY 2014-15. UAE, USA, Morocco, Belgium and Nepal were the top five nations importing Indian shaving cream in 2014-15.

India imported US$ 0.99 million worth of shaving cream and the overall imported quantity was 0.16 million Kgs in FY 2014-15. Germany, United Kingdom, Indonesia, China and France were the top five nations exporting shaving cream to India in 2014-15.

Scope of ‘Men's Grooming Market in India 2015 - 2020’ report:

This report provides detailed information about Indian men's grooming market including future forecasts.

This report identifies the need for focusing on men's grooming sector.

This report provides detailed information on growth forecasts for overall Indian men's grooming market up to 2020.